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John Fagan

john@johnfagangroup.com +1(669) 303-8501

Listed by Jonathan Minerick, DRE #01523060 • Homecoin.com

$ 1,299,900

Est. payment | -/mo

5,139 Sqft Lot

Save

$ 1,299,900

Est. payment | -/mo

Save

5,139 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRTR26169750

Style Ranch

Year Built 1948

Lot Size 5,139 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property Description

Massive Cashflow Advantage: Seller offering full 2-1 interest rate buydown credit! Potentially save over $1300/month on your mortgage payment in year one! Located in highly desirable Normal Heights near Von's and Ward Canyon Park, this turnkey duplex is a premium asset for investors or house hackers. Exceptional rental strength with a combined $6,600/month gross income ($3,300 per unit), the finances pencil out at current interest rates. Let the seller buy down your rate and secure this financing advantage. $60K in kitchen, bath and plumbing upgrades. Unique design with each 2 bedroom/1 bath unit, 3671 Madison and 4569 Cherokee, facing a different street for added privacy. Two car detached garage with workshop and one additional outdoor parking space. Potential ADU opportunity. Also potential to convert to a single family property. Buyers to research alternatives. Central heat and air conditioning. Each unit has own washer/dryer. Separate utility meters for gas and electricity. Water metered electronically for each unit. Tenants responsible for all utilities plus water and trash. Abundant outdoor spaces with pavers and pea gravel for entertaining and pets. Kitchens and bathrooms remodeled in 2022. Electrical and plumbing upgrades by previous owner. Mature fruit trees including le

Location

State CA

County San Diego

Area 92116 - Normal Heights

Interior

Heating Gas, Central Forced Air

Cooling Central AC, Central Forced Air - Electric, Central Forced Air - Gas

Laundry In Garage, Other, Washer, Stacked Only, Dryer

Exterior

Parking Features Workshop in Garage, Attached Garage, Parking Deck, Garage, Gate / Door Opener, Other, Parking Area

Garage Spaces 2.0

Pool None

View Local/Neighborhood

Roof Type Shingle

Building

Story One Story

Water District - Public

Architectural Style Ranch

Others

Tax ID 4470510200

Special Listing Condition Not Applicable

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

3671 Madison AVE San Diego, CA 92116

John Fagan

Key Details

Location

Interior

Exterior

Building

Others

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3671 Madison AVE